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Compare Iceland (2001) - Bermuda (2004)

Compare Iceland (2001) z Bermuda (2004)

 Iceland (2001)Bermuda (2004)
 IcelandBermuda
Administrative divisions 23 counties (syslar, singular - sysla) and 14 independent towns* (kaupstadhir, singular - kaupstadhur); Akranes*, Akureyri*, Arnessysla, Austur-Bardhastrandarsysla, Austur-Hunavatnssysla, Austur-Skaftafellssysla, Borgarfjardharsysla, Dalasysla, Eyjafjardharsysla, Gullbringusysla, Hafnarfjordhur*, Husavik*, Isafjordhur*, Keflavik*, Kjosarsysla, Kopavogur*, Myrasysla, Neskaupstadhur*, Nordhur-Isafjardharsysla, Nordhur-Mulasys-la, Nordhur-Thingeyjarsysla, Olafsfjordhur*, Rangarvallasysla, Reykjavik*, Saudharkrokur*, Seydhisfjordhur*, Siglufjordhur*, Skagafjardharsysla, Snaefellsnes-og Hnappadalssysla, Strandasysla, Sudhur-Mulasysla, Sudhur-Thingeyjarsysla, Vesttmannaeyjar*, Vestur-Bardhastrandarsysla, Vestur-Hunavatnssysla, Vestur-Isafjardharsysla, Vestur-Skaftafellssysla

note:
there may be four other counties
9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick
Age structure 0-14 years:
23.18% (male 33,238; female 31,191)

15-64 years:
65.01% (male 91,095; female 89,583)

65 years and over:
11.81% (male 14,681; female 18,118) (2001 est.)
0-14 years: 19.1% (male 6,192; female 6,186)


15-64 years: 69.3% (male 22,268; female 22,703)


65 years and over: 11.7% (male 3,295; female 4,291) (2004 est.)
Agriculture - products potatoes, turnips; cattle, sheep; fish bananas, vegetables, citrus, flowers; dairy products
Airports 87 (2000 est.) 1 (2003 est.)
Airports - with paved runways total:
12

over 3,047 m:
1

1,524 to 2,437 m:
4

914 to 1,523 m:
7 (2000 est.)
total: 1


2,438 to 3,047 m: 1 (2004 est.)
Airports - with unpaved runways total:
75

1,524 to 2,437 m:
3

914 to 1,523 m:
20

under 914 m:
52 (2000 est.)
-
Area total:
103,000 sq km

land:
100,250 sq km

water:
2,750 sq km
total: 53.3 sq km


land: 53.3 sq km


water: 0 sq km
Area - comparative slightly smaller than Kentucky about one-third the size of Washington, DC
Background Settled by Norwegian and Celtic (Scottish and Irish) immigrants during the late 9th and 10th centuries A.D., Iceland boasts the world's oldest functioning legislative assembly, the Althing, established in 930. Independent for over 300 years, Iceland was subsequently ruled by Norway and Denmark. Fallout from the Askja volcano of 1875 devastated the Icelandic economy and caused widespread famine. Over the next quarter century, 20% of the island's population emigrated, mostly to Canada and the US. Limited home rule from Denmark was granted in 1874 and complete independence attained in 1944. Literacy, longevity, income, and social cohesion are first-rate by world standards. Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has developed into a highly successful offshore financial center. A referendum on independence was soundly defeated in 1995.
Birth rate 14.62 births/1,000 population (2001 est.) 11.83 births/1,000 population (2004 est.)
Budget revenues:
$3.5 billion

expenditures:
$3.3 billion, including capital expenditures of $467 million (1999)
revenues: $671.1 million


expenditures: $594.6 million, including capital expenditures of $55 million (FY03/04)
Capital Reykjavik Hamilton
Climate temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers subtropical; mild, humid; gales, strong winds common in winter
Coastline 4,988 km 103 km
Constitution 16 June 1944, effective 17 June 1944 8 June 1968, amended 1989 and 2003
Country name conventional long form:
Republic of Iceland

conventional short form:
Iceland

local long form:
Lyoveldio Island

local short form:
Island
conventional long form: none


conventional short form: Bermuda


former: Somers Islands
Currency Icelandic krona (ISK) Bermudian dollar (BMD)
Death rate 6.89 deaths/1,000 population (2001 est.) 7.55 deaths/1,000 population (2004 est.)
Debt - external $2.6 billion (1999) $160 million (FY99/00)
Dependency status - overseas territory of the UK
Diplomatic representation from the US chief of mission:
Ambassador Barbara J. GRIFFITHS

embassy:
Laufasvegur 21, Reykjavik

mailing address:
US Embassy, PSC 1003, Box 40, FPO AE 09728-0340

telephone:
[354] 5629100

FAX:
[354] 5629118
chief of mission: Deputy Chief of Mission Antoinette BOECKER


consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3


mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, Department of State, 5300 Hamilton Place, Washington, DC 20520-5300


telephone: [1] (441) 295-1342


FAX: [1] (441) 295-1592, [1] (441) 296-9233
Diplomatic representation in the US chief of mission:
Ambassador Jon-Baldvin HANNIBALSSON

chancery:
Suite 1200, 1156 15th Street NW, Washington, DC 20005

telephone:
[1] (202) 265-6653

FAX:
[1] (202) 265-6656

consulate(s) general:
New York
none (overseas territory of the UK)
Disputes - international Rockall continental shelf dispute involving Denmark and the UK (Ireland and the UK have signed a boundary agreement in the Rockall area); dispute with Denmark over the Faroe Islands fisheries median line boundary within 200 NM; disputes with Denmark, the UK, and Ireland over the Faroe Islands continental shelf boundary outside 200 NM none
Economic aid - donor $NA -
Economic aid - recipient - NA
Economy - overview Iceland's Scandinavian-type economy is basically capitalistic, yet with an extensive welfare system, low unemployment, and remarkably even distribution of income. In the absence of other natural resources (except for abundant hydrothermal and geothermal power), the economy depends heavily on the fishing industry, which provides 70% of export earnings and employs 12% of the work force. The economy remains sensitive to declining fish stocks as well as to drops in world prices for its main exports: fish and fish products, aluminum, and ferrosilicon. The center-right government plans to continue its policies of reducing the budget and current account deficits, limiting foreign borrowing, containing inflation, revising agricultural and fishing policies, diversifying the economy, and privatizing state-owned industries. The government remains opposed to EU membership, primarily because of Icelanders' concern about losing control over their fishing resources. Iceland's economy has been diversifying into manufacturing and service industries in the last decade, and new developments in software production, biotechnology, and financial services are taking place. The tourism sector is also expanding, with the recent trends in ecotourism and whale watching. Growth has been remarkably steady over the past five years at 4%-5%. Bermuda enjoys one of the highest per capita incomes in the world, equal to that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. The effects of 11 September 2001 have had both positive and negative ramifications for Bermuda. On the positive side, a number of new reinsurance companies have located on the island, contributing to the expansion of an already robust international business sector. On the negative side, Bermuda's tourism industry - which derives over 80% of its visitors from the US - was severely hit as American tourists chose not to travel. Tourism rebounded somewhat in 2002-03. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited, only 6% of the land being arable.
Electricity - consumption 6.574 billion kWh (1999) 598.6 million kWh (2001)
Electricity - exports 0 kWh (1999) 0 kWh (2001)
Electricity - imports 0 kWh (1999) 0 kWh (2001)
Electricity - production 7.069 billion kWh (1999) 643.7 million kWh (2001)
Electricity - production by source fossil fuel:
0.07%

hydro:
84.64%

nuclear:
0%

other:
15.29% (1999)
-
Elevation extremes lowest point:
Atlantic Ocean 0 m

highest point:
Hvannadalshnukur 2,119 m
lowest point: Atlantic Ocean 0 m


highest point: Town Hill 76 m
Environment - current issues water pollution from fertilizer runoff; inadequate wastewater treatment asbestos disposal; water pollution; preservation of open space; sustainable development
Environment - international agreements party to:
Air Pollution, Biodiversity, Climate Change, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Wetlands

signed, but not ratified:
Air Pollution-Persistent Organic Pollutants, Marine Life Conservation
-
Ethnic groups homogeneous mixture of descendants of Norse and Celts black 58%, white 36%, other 6%
Exchange rates Icelandic kronur per US dollar - 84.810 (January 2001), 78.676 (2000), 72.335 (1999), 70.958 (1998), 70.904 (1997), 66.500 (1996) Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar)
Executive branch chief of state:
President Olafur Ragnar GRIMSSON (since 1 August 1996)

head of government:
Prime Minister David ODDSSON (since 30 April 1991)

cabinet:
Cabinet appointed by the prime minister and approved by Parliament

elections:
president elected by popular vote for a four-year term; election last held 29 June 1996 (next to be held NA June 2004); President GRIMSSON ran unopposed in June 2000 so there were no elections; prime minister appointed by the president

election results:
Olafur Ragnar GRIMSSON elected president; President GRIMSSON ran unopposed
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Sir John VEREKER (since NA April 2002)


head of government: Premier Alex SCOTT (since 24 July 2003); Deputy Premier Ewart BROWN


cabinet: Cabinet nominated by the premier, appointed by the governor


elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor
Exports $2 billion (f.o.b., 2000) NA (2001)
Exports - commodities fish and fish products 70%, animal products, aluminum, diatomite, ferrosilicon reexports of pharmaceuticals
Exports - partners EU 64% (UK 20%, Germany 13%, France 5%, Denmark 5%), US 15%, Japan 5% (1999) France 62%, Norway 13.8%, UK 7.5% (2003)
Fiscal year calendar year 1 April - 31 March
Flag description blue with a red cross outlined in white that extends to the edges of the flag; the vertical part of the cross is shifted to the hoist side in the style of the Dannebrog (Danish flag) red, with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag
GDP purchasing power parity - $6.85 billion (2000 est.) purchasing power parity - $2.33 billion (2003 est.)
GDP - composition by sector agriculture:
15% (includes fishing 13%)

industry:
21%

services:
64% (1999 est.)
agriculture: 1%


industry: 10%


services: 89% (2002 est.)
GDP - per capita purchasing power parity - $24,800 (2000 est.) purchasing power parity - $36,000 (2003 est.)
GDP - real growth rate 4.3% (2000 est.) 2% (2003 est.)
Geographic coordinates 65 00 N, 18 00 W 32 20 N, 64 45 W
Geography - note strategic location between Greenland and Europe; westernmost European country; Reykjavik is the northernmost national capital in the world; more land covered by glaciers than in all of continental Europe consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land was leased by US Government from 1941 to 1995
Highways total:
12,691 km

paved:
3,262 km

unpaved:
9,429 km (1999)
total: 450 km


paved: 450 km


unpaved: 0 km


note: public roads - 209 km; private roads - 241 km (2002)
Household income or consumption by percentage share lowest 10%:
NA%

highest 10%:
NA%
lowest 10%: NA


highest 10%: NA
Imports $2.2 billion (f.o.b., 2000) NA (2001)
Imports - commodities machinery and equipment, petroleum products; foodstuffs, textiles machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners EU 56% (Germany 12%, UK 9%, Denmark 8%, Sweden 6%), US 11%, Norway 10% (1999) Kazakhstan 46.7%, France 32.5%, US 8.5% (2003)
Independence 17 June 1944 (from Denmark) none (overseas territory of the UK)
Industrial production growth rate 1.5% (2000 est.) NA
Industries fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism tourism, international business, light manufacturing
Infant mortality rate 3.56 deaths/1,000 live births (2001 est.) total: 8.79 deaths/1,000 live births


male: 10.45 deaths/1,000 live births


female: 7.1 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 3.5% (2000 est.) 3.3% (mid-2003 est.)
International organization participation Australia Group, BIS, CBSS, CCC, CE, EAPC, EBRD, ECE, EFTA, FAO, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA (observer), IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, ISO, ITU, NATO, NC, NEA, NIB, OECD, OPCW, OSCE, UN, UNCTAD, UNESCO, UNHCR, UNMIBH, UNMIK, UNU, UPU, WEU (associate), WHO, WIPO, WMO, WTrO Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO, Egmont Group, Caribbean Financial Action Task Force
Internet Service Providers (ISPs) 7 (2000) -
Irrigated land NA sq km NA sq km
Judicial branch Supreme Court or Haestirettur (justices are appointed for life by the president) Supreme Court; Court of Appeal; Magistrate Courts
Labor force 159,000 (2000) 37,470 (2000)
Labor force - by occupation agriculture 5.1%, fishing and fish processing 11.8%, manufacturing 12.9%, construction 10.7%, other services 59.5% (1999) agriculture and fishing 3%, laborers 17%, clerical 22%, professional and technical 17%, administrative and managerial 13%, sales 8%, services 20% (2000 est.)
Land boundaries 0 km 0 km
Land use arable land:
0%

permanent crops:
0%

permanent pastures:
23%

forests and woodland:
1%

other:
76% (1993 est.)
arable land: 20%


permanent crops: 0%


other: 80% (55% developed, 45% rural/open space) (2001)
Languages Icelandic English (official), Portuguese
Legal system civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction English law
Legislative branch unicameral Parliament or Althing (63 seats; members are elected by popular vote to serve four-year terms)

elections:
last held on 8 May 1999 (next to be held by April 2003)

election results:
percent of vote by party - Independence Party 40.7%, The Alliance (PA, People's Party, Women's List) 26.8%, Progressive Party 18.4%, Left-Green Alliance 9.1%, Liberal Party 4.2%; seats by party - Independence Party 26, The Alliance 17, Progressive Party 12, Left-Green Alliance 6, Liberal Party 2
bicameral Parliament consists of the Senate (an 11-member body appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms)


elections: last general election held 24 July 2003 (next to be held NA July 2008)


election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14
Life expectancy at birth total population:
79.52 years

male:
77.31 years

female:
81.92 years (2001 est.)
total population: 77.6 years


male: 75.54 years


female: 79.7 years (2004 est.)
Literacy definition:
age 15 and over can read and write

total population:
99.9% (1997 est.)

male:
NA%

female:
NA%
definition: age 15 and over can read and write


total population: 98%


male: 98%


female: 99% (1970 est.)
Location Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
Map references Arctic Region North America
Maritime claims continental shelf:
200 NM or to the edge of the continental margin

exclusive economic zone:
200 NM

territorial sea:
12 NM
territorial sea: 12 nm


exclusive fishing zone: 200 nm
Merchant marine total:
2 ships (1,000 GRT or over) totaling 3,435 GRT/4,538 DWT

ships by type:
chemical tanker 1, petroleum tanker 1 (2000 est.)
total: 94 ships (1,000 GRT or over) 4,845,326 GRT/6,501,782 DWT


by type: bulk 25, cargo 4, container 17, liquefied gas 9, passenger 6, petroleum tanker 9, refrigerated cargo 11, roll on/roll off 10, short-sea/passenger 3


foreign-owned: Croatia 5, Germany 2, Greece 21, Hong Kong 9, Indonesia 1, Sweden 6, Switzerland 1, United Kingdom 33, United States 12


registered in other countries: 2 (2004 est.)
Military - note defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik defense is the responsibility of the UK
Military branches no regular armed forces; Police, Coast Guard; note - Iceland's defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik Bermuda Regiment
Military expenditures - dollar figure $0 $4.03 million (2001)
Military expenditures - percent of GDP - 0.11% (FY00/01)
Military manpower - availability males age 15-49:
71,241 (2001 est.)
-
Military manpower - fit for military service males age 15-49:
62,704 (2001 est.)
-
National holiday Independence Day, 17 June (1944) Bermuda Day, 24 May
Nationality noun:
Icelander(s)

adjective:
Icelandic
noun: Bermudian(s)


adjective: Bermudian
Natural hazards earthquakes and volcanic activity hurricanes (June to November)
Natural resources fish, hydropower, geothermal power, diatomite limestone, pleasant climate fostering tourism
Net migration rate -2.28 migrant(s)/1,000 population (2001 est.) 2.49 migrant(s)/1,000 population (2004 est.)
Political parties and leaders Independence Party (conservative) or IP [David ODDSSON]; Left-Green Alliance [Steinsvimur SIGFUSSON]; Liberal Party [Sverrir HERMANNSSON]; People's Party (Social Democratic Party) or SDP [Sighvatyr BJORGIVINSSON]; Progressive Party (liberal) or PP [Halldor ASGRIMSSON]; The Alliance (includes People's Alliance or PA, Social Democratic Party or SVP, People's Movement, Women's List) [Ossur SKARPHEDINSSON]; Women's List or WL [Kristin ASTGEIRSDOTTIR] Gombey Liberation Party or GLP [Gavin Sundjata SMITH]; National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [William Alexander SCOTT]; United Bermuda Party or UBP [Grant GIBBONS];
Political pressure groups and leaders NA Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES]
Population 277,906 (July 2001 est.) 64,935 (July 2004 est.)
Population below poverty line NA% 19% (2000)
Population growth rate 0.54% (2001 est.) 0.68% (2004 est.)
Ports and harbors Akureyri, Hornafjordur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vestmannaeyjar Hamilton, Saint George's, Dockyard
Radio broadcast stations AM 3, FM about 70 (including repeaters), shortwave 1 (1998) AM 5, FM 3, shortwave 0 (1998)
Radios 260,000 (1997) -
Railways 0 km -
Religions Evangelical Lutheran 93%, other Protestant and Roman Catholic, none (1997) non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19%
Sex ratio at birth:
1.08 male(s)/female

under 15 years:
1.07 male(s)/female

15-64 years:
1.02 male(s)/female

65 years and over:
0.81 male(s)/female

total population:
1 male(s)/female (2001 est.)
at birth: 1.02 male(s)/female


under 15 years: 1 male(s)/female


15-64 years: 0.98 male(s)/female


65 years and over: 0.77 male(s)/female


total population: 0.96 male(s)/female (2004 est.)
Suffrage 18 years of age; universal 18 years of age; universal
Telephone system general assessment:
adequate domestic service

domestic:
the trunk network consists of coaxial and fiber-optic cables and microwave radio relay links

international:
satellite earth stations - 2 Intelsat (Atlantic Ocean), 1 Inmarsat (Atlantic and Indian Ocean regions); note - Iceland shares the Inmarsat earth station with the other Nordic countries (Denmark, Finland, Norway, and Sweden)
general assessment: good


domestic: modern, fully automatic telephone system


international: country code - 1-441; 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean)
Telephones - main lines in use 168,000 (1997) 56,000 (2002)
Telephones - mobile cellular 65,746 (1997) 37,873 (2003)
Television broadcast stations 14 (plus 156 low-power repeaters) (1997) 4 (2003)
Terrain mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords low hills separated by fertile depressions
Total fertility rate 2.01 children born/woman (2001 est.) 1.9 children born/woman (2004 est.)
Unemployment rate 2.7% (January 2001) 5% (2002 est.)
Waterways none -
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